LETTER: Loss of ‘tenderpreneur’ funding is behind ANC’s financial straits
ANC tolerates corruption on a huge scale because it benefits from it
22 June 2021 - 17:54
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The ANC never had enough finance to run itself — it always depended on “tenderpreneurs” for financing. So the revelations at the Zondo commission about tenders irregularly awarded, and the corruption that accompanies them, has set the law enforcement agencies seriously at work and there is very little room left to manoeuvre.
It is not surprising that the ANC tolerated corruption on this huge scale as it benefited from it. The financial position the governing party finds itself in now is normal to opposition parties, because no tenderpreneurs have been financing them.
Lucas Mangala,Via e-mail
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Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Loss of ‘tenderpreneur’ funding is behind ANC’s financial straits
ANC tolerates corruption on a huge scale because it benefits from it
The ANC never had enough finance to run itself — it always depended on “tenderpreneurs” for financing. So the revelations at the Zondo commission about tenders irregularly awarded, and the corruption that accompanies them, has set the law enforcement agencies seriously at work and there is very little room left to manoeuvre.
It is not surprising that the ANC tolerated corruption on this huge scale as it benefited from it. The financial position the governing party finds itself in now is normal to opposition parties, because no tenderpreneurs have been financing them.
Lucas Mangala,Via e-mail
JOIN THE DISCUSSION: Send us an e-mail with your comments. Letters of more than 300 words will be edited for length. Send your letter by e-mail to letters@businesslive.co.za. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
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